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Prathama UP Gramin Bank information


Prathama U.P. Gramin Bank
Native name
प्रथमा यू.पी. ग्रामीण बैंक
Company typeRegional Rural Bank
FoundedApril 1, 2019; 4 years ago (2019-04-01) by amalgamation of Prathama Bank and Sarva U.P. Gramin Bank
HeadquartersMoradabad, Uttar Pradesh
Key people
Sanjeev Bhardwaj (Chairman)
Services
  • Financial services
  • Banking
Owner
  • Government of India (50%)
  • Government of Uttar Pradesh (15%)
  • Punjab National Bank (35%)
ParentMinistry of Finance , Government of India
Websiteprathamaupbank.com

Prathama UP Gramin Bank was created on 1 April 2019 by the amalgamation of two regional rural banks in Uttar Pradesh:[1]

  • Prathama Bank
  • Sarva UP Gramin Bank

The creation of Prathama UP Gramin Bank took place under Sub-Section (1) of Section 23A of the Regional Rural Bank Act, 1976 (21 of 1976).[2]

The bank has 938 branches around 19 districts of Uttar Pradesh; it will also have one branch in Haridwar District of Uttarakhand.[3] The bank is sponsored by the Punjab National Bank.

  1. ^ "PNB amalgamates RRBs in Uttar Pradesh". Livemint. 8 December 2007. Retrieved 17 February 2015.
  2. ^ Sarva U.P.Gramin Bank
  3. ^ http://sify.com/finance/fullstory.php?id=14573295 Archived 18 February 2015 at the Wayback Machine

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